Mk Auto Components new Product Development Engineer Salaries by 3 Employees (Updated 2024)

2 - 4 years exp.

₹1.8 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

33% less than the average new Product Development Engineer Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mk Auto Components for new Product Development Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge new Product Development Engineer Salary 3 - 8 years exp. (9 salaries)	₹3.9 L/yr - ₹5.6 L/yr 72% more
Samvardhana Motherson Group new Product Development Engineer Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 17% more
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Sundaram Clayton new Product Development Engineer Salary 4 - 17 years exp. (5 salaries)	₹3.2 L/yr - ₹11.3 L/yr 184% more
Endurance Technologies new Product Development Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 13% more
TVS Motor new Product Development Engineer Salary 0 - 6 years exp. (14 salaries)	₹1.8 L/yr - ₹3.5 L/yr 3% less
JSG Group new Product Development Engineer Salary 1 - 9 years exp. (14 salaries)	₹2.4 L/yr - ₹4.2 L/yr 39% more
Enco Engineers Combine new Product Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr 28% more
SunMax Auto Engineering new Product Development Engineer Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr 16% more
Ahresty India new Product Development Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹5.5 L/yr 46% more
Alp Nishikawa new Product Development Engineer Salary 3 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹5.4 L/yr 63% more
Seoyon E-hwa Automotive new Product Development Engineer Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹5.9 L/yr 68% more
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new Product Development Engineer salary at Mk Auto Components ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Mk Auto Components.

Experience wise Mk Auto Components new Product Development Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Mk Auto Components

Development Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Production Engineer Salary

(6 salaries)

₹1.1 L/yr - ₹3 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹1.5 L/yr - ₹2.8 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

NPD Engineer Salary

(5 salaries)

₹2.05 L/yr - ₹2.5 L/yr

Quality Engineer Salary

(22 salaries)

₹1.4 L/yr - ₹3.1 L/yr

Salary related reviews for Mk Auto Components

Shift Incharge in Chennai

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 07 Oct 2018

1.0

for Salary and Benefits

Likes

In this company the coworkers are friendly in all departments.

Dislikes

...ve below basic payee to the employees. There is no proper training for freshers. Salary is terrible. There is no facilities in the company

Engineer in Chennai

Quality Assurance Department

1.0

• posted on 21 Aug 2020

1.0

for Salary and Benefits

Likes

Can learn the basics of manufacturing.

Dislikes

There is no proper training given to employees. And there is no skilled worker. Management doesn’t address the problem of employees. Cleanliness is not maintained in the company. Make employees work overtime without paying. General shift working time is 10 hours. No career growth.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mk Auto Components new Product Development Engineer Salary FAQs

What is the notice period for new Product Development Engineer at Mk Auto Components?

According to AmbitionBox, 100% of the Mk Auto Components new Product Development Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Mk Auto Components new Product Development Engineer Salaries

Mk Auto Components new Product Development Engineer salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mk Auto Components latest salaries received from various employees of Mk Auto Components.